Grasim Industries Unit Searched by Customs Authorities

Grasim Industries Ltd's Cellulosic Staple Fiber Business manufacturing unit in Nagda, Madhya Pradesh, was searched by the Superintendent, Office of the Commissioner of Customs, Indore. The search, conducted under Section 105 of the Customs Act, 1962, focused on import-export transactions and concluded on September 12, 2026. The company fully cooperated with the authorities, providing requested records and statements. Grasim has stated there is no material impact on its financials or operations, and business will continue as usual. Further clarifications will be provided as required.